"Syrah Resources (SYR) – Credit Suisse maintains its OUTPERFORM rating and 550c target price following the fire at the company’s Balama graphite concentrator. The main concern for the broker is the apparent lack of control in operations. An investigation is underway to determine if the fire was the result of operator error, design shortcoming or equipment fault. The stock has been placed in a trading halt while the damage is being assessed.
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